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Innovations Driving Smart Technologies in Buildings

Construction Tech Review | Monday, August 29, 2022

Many building managers are turning to technology to improve workplace safety and accessibility following the recent pandemic.

FREMONT, CA: Many building managers are looking to technology to improve workplace safety and accessibility in response to the recent pandemic.

Increasing acceptance of IoT-enabled technology provides new building management systems, improves space usage awareness, complies with industry norms and regulations, and is energy-efficient.

The global market for smart buildings is anticipated to increase from $67.60 billion in 2021 to $265.37 billion in 2028, at a compound annual growth rate (CAGR) of 21.6 percent during the period of forecast.

Collectively, the investment return is evident. A smarter building enables property managers to use their resources more effectively, thereby decreasing expenses, enhancing tenant happiness, and creating safer work environments. In other words, it allows businesses to provide an exceptional customer experience to tenants and tourists.

These intelligent structures are not transitory anomalies. They depict the present and the future of facilities management as new developments continue to expand the scope of what is possible.

Here are some developments pushing innovative technology in today's buildings, as well as their effects on the people and businesses that depend on these structures.

The gates are guarded by artificial intelligence and machine learning: Numerous property owners have implemented access control systems to secure their properties and limit the number of visitors. These systems are becoming more competent with artificial intelligence (AI) and machine learning (ML).

The use of facial authentication, for example, can allow building owners to improve security at access points, avoid security breaches, and document entrants better.

This is of utmost importance in a post-lockdown scenario where companies negotiate return-to-work plans. When buildings are furnished with cutting-edge entrance security systems, businesses can make decisions with the knowledge that their stakeholders are protected to a high standard.

Similarly, as many building managers or inhabitants are also responsible for contact tracing, this technology facilitates these efforts by providing intelligent answers to urgent issues.

Predictive intelligence transforms mobility management: Biometrics, particularly facial recognition, evaluate building movement, causing building managers to reconsider space and traffic patterns to maximize safety and efficiency.

Innovative features like trail detection boost physical security without diminishing usability. High-quality sensors can also enforce facility policies through facial recognition. For example, buildings with a mask policy can equip their sensors to implement this regulation.

These technologies will alter movement management by delivering new safety solutions without adding friction to facilitate navigation.

Grid-interactive, energy-efficient buildings reduce energy consumption: For many building owners, electricity is one of the significant running expenses, making energy saving a primary priority. According to the U.S. Department of Energy, buildings utilize 74 percent of the power produced in the U.S. yet account for only 39 percent of total energy consumption.

Grid-interactive, energy-efficient buildings contribute to the resolution of this problem, transforming once-stagnant, energy-consuming firms into dynamic enterprises propelled by intelligent technology. Combining energy efficiency with demand flexibility cuts costs while making buildings safer, greener, and more sustainable.

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